Question: Please identify 3 ways to reduce each of these risks Risk Dealing with delinquent loans Credit agreements do not fully reflect provisions or contain errors
Please identify 3 ways to reduce each of these risks
| Risk |
| Dealing with delinquent loans |
| Credit agreements do not fully reflect provisions or contain errors |
| The risk that the loan is not used for its intended purpose |
| Risk of loan default |
| Relationship issues related to loan disbursements and dealing beyond acceptable standards |
| Failure to establish a credit risk fund in accordance with the law |
| Risk of not getting insurance coverage |
| Loss of confidentiality of customer information |
| Reputational risk |
| Risk of decline in value of collateral |
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Here are 3 ways to reduce each of the risks Dealing with delinquent loans 1 Proactive loan monitoring and early delinquency intervention 2 Flexible re... View full answer
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